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Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

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electric cars

  • Supercar Special: 15,230 vehicles worth £770k+ each now on UK roads with Ferrari beating McLaren, Lamborghini and Bugatti

    May 9, 2022

    There are now 15,230 so-called supercars on UK roads, with Ferrari topping the list, beating its main rivals McLaren and Lamborghini. Supercars are defined as high performance, road legal cars. Easily recognisable supercar brands such as Ferrari, McLaren and Lamborghini are best known for their speed and cost. The average price tag for a supercar [...]

  • UK automotive production outlook downgraded following April slump

    May 5, 2022

    The automotive industry was forced to downgrade its 2022 production outlook after the number of cars built in April slumped 15.8 per cent. Data published today by the Society of Motor Manufacturers and Traders (SMMT) revealed the number of new car registrations fell to 119,167 units due to covid-induced semiconductor shortages. The decline, the data [...]

  • EV makers treble battery range delivering 15 times more choice to customers

    April 26, 2022

    Electric vehicle (EV) makers have trebled the battery range in the last 10 years, giving customers 15 times more range of choice. According to a research published today by the Society of Motor Manufacturers and Traders (SMMT), the number of plug-in models has gone up from nine to 140 since 2011. EVs now account for [...]

  • Number of EV public chargers goes up but industry calls for more rapid ones

    April 21, 2022

    The number of electric vehicle (EV) public chargers has gone on January levels, according to Department for Transport’s (DfT) latest data. Figures published today revealed that as of 1 April, there were 30,290 EV public chargers across the country, with 5,494 being rapid ones. The number of both normal and rapid ones increased by 7 [...]

  • Rivian says automotive at risk of EV battery shortage

    April 18, 2022

    The global automotive industry needs to brace for a shortage of electric vehicle (EV) batteries, according to Tesla’s rival Rivian. Chief executive RJ Scaringe said moving from building a few million batteries to tens of millions within the decade will replace chip shortages as the sector’s biggest challenge. “Put very simply, all the world’s cell [...]

  • Automotive shouldn’t focus only on EVs, warns BMW Boss

    April 14, 2022

    The automotive sector should be careful not to rely only on electric vehicles as it increases dependency on countries such as China, said BMW’s boss Oliver Zipse. “When you look at the technology coming out, the EV push, we must be careful because at the same time, you increase dependency on very few countries,” Zipse [...]

  • Glencore and General Motors broker cobalt deal as metal rush intensifies

    April 12, 2022

    Glencore and General Motors (GM) has announced a multi-year sourcing agreement for cobalt supplies to bolster supply chains between both companies.

  • Hertfordshire worst place in London’s commuter belt for EV drivers, say Lib Dems

    April 8, 2022

    Hertfordshire was crowned the worst place in London’s commuter belt for electric vehicle (EV) commuters due to a lack of charging points. According to an analysis by the Lib Dems, in Hertfordshire there are 32 electric cars for every one charging point, while in central and outer London the ratio goes up to respectively three [...]

  • Not just electric cars: Super SOCO and the rise of e-mopeds

    April 2, 2022

    Electric cars have dominated the discourse around sustainable mobility for some time now. Not only did the UK Government recently pledge to ban the sale of all fuel cars from 2030, but manufacturers have also jumped on the bandwagon and started mass producing electric vehicles.  According to data from the Society of Motor Manufacturers and [...]

  • Government says it will not review VAT for EV public chargers

    March 31, 2022

    The UK Government announced today it will not review the VAT rate for electric vehicle (EV) charging points despite stakeholders calling for a policy change. “VAT makes a significant contribution towards the public finances, raising around £130bn in 2019/20, and helps fund the government’s priorities including the NHS, schools and defence,” said Exchequer secretary Helen [...]

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